A comprehensive list of recently added postings on Dallasfed.org.
Wage growth still exceeds 3 percent despite slowing in business survey measures
Fed policymakers working to reduce inflation have closely monitored how fast wages have risen. National estimates put recent 12-month wage inflation at around 4–5 percent, though these measures can lag other indicators of labor market conditions. More timely wage data can be found from the five regional Federal Reserve Banks that run business surveys.
August 1, 2023
How to Construct Monthly VAR Proxies Based on Daily Futures Market Surprises
This paper provides a new approach to constructing monthly proxies from daily surprises that takes account of the link between daily and average monthly price data and revisits the question of how to use OPEC announcements to identify news shocks in VAR models of the global oil market.
July 31, 2023
Global Transportation Decarbonization
A number of policy proposals call for replacing fossil fuels in the name of decarbonization, but these fuels will be difficult to replace due to their as-yet unrivaled bundle of attributes: abundance, ubiquity, energy density, transportability and cost.
July 31, 2023
Texas Economic Indicators, July 2023
The Texas economy expanded further in June, albeit at a slower pace. Employment grew in most sectors and across all major metros.
July 31, 2023
Houston Economic Indicators, July 31, 2023
Houston employment was unchanged between March and June 2023 as gains in some sectors canceled out large losses in leisure and hospitality and other sectors. Mining employment ticked up, while the value of exports and the national rig count dropped.
July 31, 2023
PCE inflation update
The headline, or all-items, PCE price index rose an annualized 2.0 percent in June after increasing an annualized 1.5 percent in May.
July 28, 2023
Shreveport works to plug 'brain drain'
President Lorie Logan's 360° Listening Tour is taking her to communities all around the Eleventh Federal Reserve District during her first year at the Dallas Fed. The tour is helping deepen her understanding of the region’s people and economy by adding color and perspective that go beyond official statistics.
July 28, 2023
San Antonio Economic Indicators, July 2023
San Antonio payroll jobs declined in June as the metro experienced mixed employment growth across sectors. In contrast, unemployment decreased as the labor force contracted.
July 27, 2023
Dallas-Fort Worth Economic Indicators, July 26, 2023
The Dallas–Fort Worth economy expanded in June as wages and employment grew and unemployment fell. Housing cooled, with housing sales declining and inventories staying flat.
July 26, 2023
El Paso Economic Indicators, July 26, 2023
El Paso’s employment growth was mixed across sectors in June, but overall growth was flat. The business-cycle index increased, and the unemployment rate dropped.
July 26, 2023